Share market update: Metal shares bullish; Coal India rises 1%

NEW DELHI: Metal shares were trading higher in Wednesday's morning session.

Shares of MOIL (up 1.44 per cent), Coal India (up 1.07 per cent), NMDC (up 0.53 per cent) and Jindal Steel & Power (up 0.52 per cent) were trading in the green.

Tata Steel (up 0.37 per cent), Jindal Stainless (Hisar) (up 0.33 per cent), Vedanta (up 0.18 per cent) and National Aluminium Company (up 0.09 per cent) too were trading higher.


The Nifty Metal index was trading 0.30 per cent up at 3143.15 around 10:57 am.

Benchmark NSE Nifty50 index was down 10.85 points at 11,661.10 while the BSE Sensex was down 45.53 points at 38,893.69.

Among the 50 stocks in the Nifty index, 27 were trading in the green, while 23 were in the red.

Shares of Vodafone Idea, Tata Motors, YES Bank, Wipro, Ashok Leyland, SAIL, SBI, DLF, Indiabulls Housing Finance, ICICI Bank, Hindalco Inds., Bank of Baroda, Coal India, ONGC and BHEL were among the most traded shares on the NSE.